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Chatanika Lodge 5760 Steese Hwy 11 Room Hotel Fairbanks, AK 99712 $1,073,305 CAD ($97,573 CAD/Room)

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EXECUTIVE SUMMARY

Since 1974, Chatanika Lodge has been a cherished and historic local hot spot operating as a bar, restaurant, motel, and events venue. This Alaska Icon of over 50 years, comes with a full liquor license and alcohol package store license. Chatanika has been host to many events over the years including car shows/races, outhouse races (at the famous “Chatanika Days”), live music, charitable events, and private events such as weddings and birthdays, etc. There are many other businesses and events that can be incorporated to complement this thriving local business. The restaurant features a full kitchen, large dining room/lounge, stage and dance floor, arcade and pool table, with a long full-service bar in the middle of it all. The motel features 10 rooms with various bed sizes and amenities, and two large bathrooms each with multiple showers, toilets, and sinks. There are living quarters adjacent to the bar/lounge that are perfect for the new owners or managers. There is a paved parking lot in the front, a 2080sq ft. detached shop to the side, two mobile home rentals, and various small outbuildings/sheds on the property. Become the next owner to provide a respite from the hustle of Fairbanks, or to quench the thirst and hunger of those who regularly travel the Steese Highway.

ATTACHMENTS

Parcel 228940

PROPERTY FACTS Under Contract

Price $1,073,305 CAD
Price Per Room $97,573 CAD
Sale Type Investment
Sale Condition Short Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 11.10 AC
Building Size 15,389 SF
No. Rooms 11
No. Stories 1
Year Built 1974
Parking Ratio 1.04/1,000 SF
Corridor Exterior

AMENITIES

  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 11 $117.72 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
228940
Land Assessment
$58,733 CAD
Improvements Assessment
$419,509 CAD
Total Assessment
$478,242 CAD
  • Listing ID: 35324358

  • Date on Market: 2025-03-31

  • Last Updated:

  • Address: 5760 Steese Hwy, Fairbanks, AK 99712

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